2019 financial results for the Budimex Group

News date: February 26, 2020

In connection with the transfer of financial data to the parent company of Budimex SA, i.e. Ferrovial SA, the Management Board of Budimex SA publishes selected financial data from the consolidated financial statements of the Budimex Group for 2019, prepared in accordance with the International Financial Reporting Standards, and comparable data for 2018.

Net revenues from sale of products, services, goods and materials: PLN 7,569,663,000 as compared to PLN 7,387,137,000 in 2018.

Gross profit on sales: PLN 551,552,000 as compared to PLN 629,089,000 in 2018.

The Budimex Group’s order portfolio at the end of 2019 was PLN 10.8 billion compared to PLN 10.1 billion at the end of 2018. The value of contracts signed by the Budimex Group in 2019 was PLN 7.5 billion as compared to PLN 6.6 billion in 2018.

The net cash position of the Budimex Group, including own cash and short-term securities, less the external sources of financing, as at 31 December 2019, amounted to PLN 1.4 billion. As at 31 December 2018, the net cash position of the Budimex Group was PLN 1.1 billion.